£278,110
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Sep 2019. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £225,000 | 25 Sep 2019 |
| £143,000 | 3 Jan 2014 |
| £66,500 | 29 May 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 83 sq meters or 895 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in September 2019 the House Price Index for WEST MIDLANDS was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £225,000 results in an estimated price of approximately £278,110.
| 25 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £225,000 | £53,110 | £278,110 |
The Postcode Pricing Model uses changes in average sales price within the B62 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -15.855 % | £-35,673 | £189,326 |
| 3 Month Average | 6.839 % | £15,388 | £240,388 |
| 6 Month Average | 16.136 % | £36,305 | £261,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £136,939 | £135,750 | 56 LODGEFIELD ROAD |
| 25 Mar 2024 | £261,010 | £257,000 | 9 CHATSWORTH ROAD |
| 15 Mar 2024 | £162,497 | £160,000 | 164 COOMBS ROAD |
| 14 Dec 2023 | £300,741 | £291,500 | 33 CHATSWORTH ROAD |
| 27 Nov 2023 | £307,814 | £300,000 | 4 CHATSWORTH ROAD |
This house has a floor area of 83 sq meters or 895 sq feet when measured on 26 Jun 2010. Using an estimated price of £278,110 means this house is valued at £3,342 per sq meter (£310 per sq foot).
The average size of a house on LODGEFIELD ROAD is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coombs Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coombs Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coombs Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coombs Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coombs Road |